Can I retire at age 50 with 875,000?

Use the below retirement simulation to view the chances of a successful retirement.
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$72,257$71,613$70,985$70,372$69,774$67,676
2 years$35,771$35,104$34,459$33,833$33,226$31,130
3 years$23,610$22,941$22,297$21,677$21,080$19,051
4 years$17,531$16,864$16,227$15,617$15,034$13,089
5 years$13,885$13,222$12,593$11,995$11,429$9,572
6 years$11,455$10,797$10,177$9,593$9,043$7,277
7 years$9,719$9,067$8,457$7,887$7,355$5,678
8 years$8,419$7,772$7,172$6,616$6,101$4,514
9 years$7,407$6,767$6,177$5,635$5,138$3,638
10 years$6,599$5,965$5,385$4,858$4,378$2,963
11 years$5,938$5,310$4,741$4,228$3,765$2,433
12 years$5,387$4,766$4,208$3,708$3,263$2,011
13 years$4,922$4,307$3,759$3,274$2,845$1,671
14 years$4,523$3,915$3,378$2,906$2,494$1,394
15 years$4,178$3,576$3,050$2,592$2,196$1,167
16 years$3,877$3,281$2,765$2,321$1,941$979
17 years$3,611$3,022$2,516$2,085$1,721$824
18 years$3,375$2,792$2,297$1,879$1,530$695
19 years$3,164$2,588$2,103$1,698$1,364$587
20 years$2,974$2,405$1,930$1,538$1,218$496
21 years$2,802$2,240$1,775$1,396$1,090$420
22 years$2,647$2,091$1,636$1,269$977$356
23 years$2,505$1,956$1,510$1,156$877$302
24 years$2,375$1,832$1,397$1,054$788$256
25 years$2,256$1,720$1,294$963$709$217
26 years$2,146$1,616$1,200$880$639$185
27 years$2,044$1,521$1,114$806$576$157
28 years$1,950$1,433$1,036$738$520$133
29 years$1,863$1,352$964$677$469$113
30 years$1,781$1,277$898$621$424$96
31 years$1,705$1,207$837$571$383$82
32 years$1,634$1,142$781$524$347$70
33 years$1,567$1,082$729$482$314$59
34 years$1,504$1,025$681$444$284$51
35 years$1,445$972$637$408$257$43
36 years$1,390$923$596$376$233$37
37 years$1,337$877$558$347$211$31
38 years$1,288$833$522$319$192$27
39 years$1,241$792$489$295$174$23
40 years$1,196$754$459$272$158$19
41 years$1,154$717$430$251$143$16
42 years$1,114$683$403$231$130$14
43 years$1,076$651$379$214$118$12
44 years$1,040$620$355$197$107$10
45 years$1,005$592$334$182$97$9
46 years$972$564$313$168$88$7
47 years$941$539$294$155$80$6
48 years$911$514$277$144$73$5
49 years$882$491$260$133$66$5
50 years$854$469$244$123$60$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $875,000, adding $6,224 every year, while hoping to spend $34,263 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 27/47/26 Blend
49$875,000$875,000$875,000$875,000
50$970,670$924,295$910,733$988,861
51$1,033,223$933,130$904,787$1,012,772
52$1,101,008$941,249$897,493$1,035,053
53$1,174,522$948,582$888,771$1,058,268
54$1,254,313$955,052$878,534$1,082,520
55$1,340,982$960,579$866,694$1,107,926
56$1,435,192$965,077$853,158$1,134,615
57$1,537,670$968,454$837,827$1,162,731
58$1,649,217$970,614$820,600$1,192,438
59$1,770,716$971,452$801,368$1,223,919
60$1,903,136$970,860$780,021$1,257,378
61$2,047,544$968,721$756,440$1,293,045
62$2,205,116$964,911$730,503$1,331,173
63$2,377,145$959,299$702,083$1,372,051
64$2,565,056$951,746$671,044$1,415,996
65$2,770,414$942,104$637,246$1,463,365
66$2,994,946$930,217$600,544$1,514,555
67$3,240,552$915,919$560,784$1,570,007
68$3,509,324$899,035$517,805$1,630,216
69$3,803,564$879,377$471,441$1,695,729
70$4,125,811$856,749$421,517$1,767,158
71$4,478,856$830,942$367,851$1,845,182
72$4,865,777$801,736$310,251$1,930,556
73$5,289,961$768,896$248,519$2,024,119
74$5,755,140$732,175$182,448$2,126,804
75$6,265,423$691,311$111,819$2,239,647
76$6,825,338$646,027$36,407$2,363,797
77$7,439,871$596,031$0$2,500,531
78$8,114,515$541,013$0$2,663,489
79$8,855,319$480,646$0$2,853,590
80$9,668,948$414,584$0$3,062,534
81$10,562,745$342,463$0$3,292,325
82$11,544,797$263,896$0$3,545,179
83$12,624,016$178,476$0$3,823,546
84$13,810,216$85,772$0$4,130,133
85$15,114,213$0$0$4,467,935
86$16,547,922$0$0$4,847,844
87$18,124,468$0$0$5,314,542
88$19,858,316$0$0$5,827,967
89$21,765,398$0$0$6,392,859
90$23,863,270$0$0$7,014,438
91$26,171,277$0$0$7,698,459
92$28,710,729$0$0$8,451,258
93$31,505,110$0$0$9,279,821
94$34,580,294$0$0$10,191,844
95$37,964,788$0$0$11,195,805
96$41,690,006$0$0$12,301,049
97$45,790,560$0$0$13,517,871
98$50,304,588$0$0$14,857,615
99$55,274,114$0$0$16,332,783
100$60,745,442$0$0$17,957,147